Ford ordered to pay dealers $2 billion by judge

GregMorcroft

NEW YORK (MarketWatch) -- Ford Motor Co.
F, +1.07%
was ordered to pay damages of $2 billion to thousands of its dealers after an Ohio judge's ruling last Friday, according to the Wall Street Journal. The report said the judge was upholding a jury's verdict in a class-action suit that charged Ford with violating dealer agreements, the report said. The report added that Ford said it will appeal the trial-court ruling, which was made earlier this year. Ford shares fell about 1% in Monday's preopen trading.

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